Here is a guest post from Winnifred Tse of AAFMAA:
The AAFMAA (American Armed Forces Mutual Aid Association) has a long and distinguished history.
Established on January 13, 1879, by a committee of army officers chaired by Lieutenant General (later Brigadier General) Roger Jones, Assistant Inspector General of the Army, the creation stems from the losses suffered at the Battle of Little Big Horn three years earlier.
Traditionally, on the frontier, when a soldier died, the others left would "pass the hat" and take up a collection used to send to the deceased soldier’s family back East. After the Battle of Little Big Horn, there were no surviving soldiers to pass the hat. The army did not want this to happen again.
At the creation of AAFMAA (then Army Mutual Aid Association), the expressed purpose was “to aid the families of deceased members in a prompt, simple and substantial manner.” Now, 134 years later, that is still at the core of all the AAFMAA does.
All ranks of Army, Air Force, Navy, Marine Corps and Coast Guard are eligible for membership – active duty, Guard/Reserve, retired and cadets/midshipmen at the service academies.
In addition, honorably discharged veterans in AZ, CT, FL, HI, MD, NC, OK, RI, SC and VA are eligible for membership and services. AAFMAA’s signature Survivor Assistance Services are included with each member’s first life insurance policy.
Also, the member benefits department provides valuable veterans affairs claims coordination services as well as maintains physical and digital vault storage for members’ most important and critical documents.
AAFMAA Wealth Management & Trust LLC provides financial planning, money management, and trust services.
The membership is over 90,000 strong, with over 100,000 lives insured through the life insurance programs. Insurance in force exceeds $25 billion and assets are in excess of $1 billion.
More information about AAFMAA and the services can be found at aafmaa.com